Can I retire at age 30 with 1,810,000?

Use the below retirement simulation to view the chances of a successful retirement.
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $1,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$149,468$148,137$146,838$145,570$144,332$143,123
2 years$73,994$72,616$71,280$69,986$68,729$67,511
3 years$48,839$47,455$46,123$44,840$43,605$42,414
4 years$36,265$34,885$33,566$32,305$31,099$29,946
5 years$28,722$27,350$26,048$24,813$23,641$22,529
6 years$23,695$22,333$21,051$19,843$18,706$17,636
7 years$20,105$18,756$17,494$16,314$15,213$14,186
8 years$17,414$16,077$14,836$13,686$12,621$11,636
9 years$15,323$13,998$12,778$11,657$10,629$9,686
10 years$13,650$12,338$11,140$10,049$9,056$8,156
11 years$12,283$10,984$9,808$8,745$7,789$6,929
12 years$11,144$9,859$8,704$7,671$6,749$5,931
13 years$10,182$8,909$7,777$6,772$5,886$5,106
14 years$9,357$8,098$6,987$6,012$5,159$4,418
15 years$8,643$7,398$6,309$5,361$4,543$3,839
16 years$8,019$6,788$5,720$4,800$4,015$3,348
17 years$7,469$6,251$5,205$4,313$3,560$2,928
18 years$6,980$5,776$4,751$3,887$3,165$2,567
19 years$6,544$5,353$4,349$3,512$2,821$2,256
20 years$6,152$4,975$3,992$3,181$2,520$1,986
21 years$5,797$4,634$3,672$2,887$2,255$1,752
22 years$5,475$4,325$3,384$2,625$2,021$1,547
23 years$5,182$4,045$3,124$2,391$1,815$1,368
24 years$4,913$3,790$2,890$2,180$1,631$1,211
25 years$4,666$3,557$2,676$1,991$1,468$1,073
26 years$4,439$3,343$2,482$1,821$1,322$952
27 years$4,229$3,146$2,305$1,666$1,192$845
28 years$4,034$2,965$2,143$1,527$1,075$751
29 years$3,853$2,797$1,994$1,400$971$667
30 years$3,684$2,641$1,857$1,285$877$593
31 years$3,527$2,497$1,732$1,180$793$528
32 years$3,380$2,363$1,616$1,085$718$469
33 years$3,241$2,237$1,508$997$649$418
34 years$3,112$2,121$1,409$918$588$372
35 years$2,990$2,011$1,318$845$533$332
36 years$2,875$1,909$1,233$778$483$295
37 years$2,766$1,813$1,154$717$437$263
38 years$2,664$1,723$1,080$661$396$235
39 years$2,567$1,639$1,012$609$360$209
40 years$2,475$1,559$949$562$326$187
41 years$2,387$1,484$890$518$296$166
42 years$2,304$1,413$835$478$268$148
43 years$2,226$1,347$783$442$244$132
44 years$2,151$1,284$735$408$221$118
45 years$2,079$1,224$690$377$201$105
46 years$2,011$1,168$648$348$182$94
47 years$1,946$1,114$609$321$166$84
48 years$1,884$1,064$572$297$150$75
49 years$1,824$1,016$538$274$137$67
50 years$1,767$970$506$254$124$60

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,810,000, adding $5,121 every year, while hoping to spend $38,183 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 60/27/13 Blend
29$1,810,000$1,810,000$1,810,000$1,810,000
30$1,999,902$1,903,972$1,875,917$2,113,220
31$2,163,266$1,956,641$1,898,134$2,242,755
32$2,342,013$2,010,610$1,919,815$2,379,242
33$2,537,672$2,065,903$1,940,903$2,527,210
34$2,751,927$2,122,545$1,961,336$2,687,770
35$2,986,631$2,180,557$1,981,048$2,862,147
36$3,243,826$2,239,964$1,999,972$3,051,687
37$3,525,761$2,300,786$2,018,036$3,257,873
38$3,834,912$2,363,048$2,035,163$3,482,341
39$4,174,006$2,426,770$2,051,274$3,726,888
40$4,546,047$2,491,975$2,066,284$3,993,495
41$4,954,345$2,558,683$2,080,106$4,284,346
42$5,402,544$2,626,914$2,092,646$4,601,843
43$5,894,660$2,696,689$2,103,805$4,948,633
44$6,435,115$2,768,026$2,113,482$5,327,633
45$7,028,780$2,840,944$2,121,568$5,742,054
46$7,681,025$2,915,458$2,127,949$6,195,436
47$8,397,760$2,991,586$2,132,506$6,691,676
48$9,185,500$3,069,343$2,135,114$7,235,069
49$10,051,422$3,148,741$2,135,641$7,830,346
50$11,003,431$3,229,794$2,133,949$8,482,720
51$12,050,238$3,312,511$2,129,893$9,197,933
52$13,201,440$3,396,902$2,123,322$9,982,314
53$14,467,610$3,482,973$2,114,076$10,842,835
54$15,860,397$3,570,730$2,101,989$11,787,177
55$17,392,637$3,660,175$2,086,885$12,823,804
56$19,078,472$3,751,309$2,068,582$13,962,043
57$20,933,483$3,844,130$2,046,886$15,212,170
58$22,974,838$3,938,633$2,021,597$16,585,509
59$25,221,456$4,034,810$1,992,505$18,094,537
60$27,694,179$4,132,650$1,959,388$19,753,003
61$30,415,974$4,232,139$1,922,016$21,576,059
62$33,412,147$4,333,257$1,880,147$23,580,398
63$36,710,582$4,435,983$1,833,529$25,784,419
64$40,342,006$4,540,291$1,781,896$28,208,394
65$44,340,273$4,646,148$1,724,972$30,874,663
66$48,742,690$4,753,518$1,662,468$33,807,844
67$53,590,365$4,862,361$1,594,081$37,035,064
68$58,928,594$4,972,628$1,519,495$40,586,219
69$64,807,291$5,084,267$1,438,378$44,494,252
70$71,281,456$5,197,218$1,350,385$48,795,467
71$78,411,696$5,311,413$1,255,155$53,529,868
72$86,264,797$5,426,780$1,152,310$58,741,544
73$94,914,349$5,543,235$1,041,455$64,479,078
74$104,441,447$5,660,689$922,179$70,796,007
75$114,935,454$5,779,041$794,051$77,751,333
76$126,494,840$5,898,184$656,621$85,410,074
77$139,228,117$6,017,998$509,421$93,843,882
78$153,254,858$6,138,353$351,960$103,131,715
79$168,706,828$6,259,108$183,726$113,360,590
80$185,729,230$6,380,109$4,185$124,626,397
81$204,482,066$6,501,189$0$137,034,811
82$225,141,659$6,622,169$0$150,728,282
83$247,902,306$6,742,853$0$165,811,458
84$272,978,119$6,863,031$0$182,425,267
85$300,605,044$6,982,476$0$200,725,652
86$331,043,084$7,100,943$0$220,884,457
87$364,578,758$7,218,169$0$243,091,056
88$401,527,804$7,333,871$0$267,554,131
89$442,238,155$7,447,747$0$294,503,652
90$487,093,230$7,559,469$0$324,193,041
91$536,515,546$7,668,690$0$356,901,567
92$590,970,710$7,775,034$0$392,936,985
93$650,971,815$7,878,103$0$432,638,436
94$717,084,278$7,977,468$0$476,379,653
95$789,931,182$8,072,672$0$524,572,489
96$870,199,157$8,163,227$0$577,670,804
97$958,644,857$8,248,611$0$636,174,750
98$1,056,102,108$8,328,269$0$700,635,496
99$1,163,489,776$8,401,607$0$771,660,426
100$1,281,820,442$8,467,995$0$849,918,879